IDFC's long-term commitment will help boost MF biz: CEO Vishal Kapoor

'With our focus on expanding our distribution network along with new product opportunities in the pipeline, we expect to see sound growth in the coming quarters,' he says

Until recently, there was uncertainty on the ownership of IDFC Asset Management Company (AMC) as parent IDFC had put the mutual fund business on the block. However, with the stake sale plans shelved for now, the parent company wants to drive value in the business before it thinks of monetising its holdings. Vishal Kapoor, chief executive officer of IDFC AMC, shares his views with Jash Kriplani on what he sees as the immediate triggers that could revive the fund house’s profit growth. Edited excerpts:

What will be some of the growth drivers for IDFC AMC?

A lot of our distributors, who had